Current Price:
Ethereum is trading at $2,751.78, with a rise of +4.03% over the past 24 hours.
Highest and Lowest Price in 24 Hours:
Highest: $2,788
Lowest: $2,608.50
Moving Averages (MA):
MA(7): 2705.46 (in yellow) – the price above this average = bullish signal.
MA(25): 2658.49 (in pink) – the price is also above this = supports the upward trend.
MA(99): 2592.48 (in blue) – the overall trend is gradually turning bullish.
Key Support and Resistance Areas:
Strong Support: around 2,660 - 2,705
Current Resistance: 2,788 (today's high), and if it is broken with a strong candle close, we may see a rise towards 2,850 - 2,900.
Trading Volume:
There is a clear increase in trading volume in the recent candles, which enhances confidence in this rise (indicates strong buying liquidity entering).
📈 Future Projections for Ethereum (ETH):
In the short term (days to a week):
If the price remains stable above 2,700, we may see an attempt to break 2,788 again.
If this level is broken, the next target will be $2,850 - $2,900.
In the medium term (weeks to a month):
If the current momentum continues with positive market news (such as ETF approval or reducing inflation), ETH may return to levels of $3,000 - $3,200.
If the price fails to maintain its supports, it may retest 2,600 - 2,500.
📉 Warning for Speculators:
Do not enter after a large green candle directly, wait for a correction or a support test (like 2,705) to re-enter.
Beware of upward traps if resistance is broken but without strong trading volume.
💡 Tip:
Smart buying occurs during corrections, not after sharp rises.